Slide 1: BioLargo Annual Earnings Call for Year Ended December 31, 2024
» BioLargo We Make Life Better The innovation engine for a better tomorrow Annual Earnings Call for Year Stock Symbol: Ended December 31, 2024 OTCQX:BLGO
Slide 2: Safe Harbor Statement
Safe Harbor Statement
Slide 3: Who we are
Who we are > Innovators, > Passionate about > Driven by a mission scientists, engineers, sustainability and to make life better and entrepreneurs human health
Slide 4: What we do
What we do > Best-in-class > Focus on problems > Aim for solutions for without good partnerships and cleantech problems solutions spin-outs to capitalize on our IP
Slide 5: The BioLargo Innovation Engine
The BioLargo Innovation Engine ( BioLargo \GyBioLargo — Engineering Investing in... ef ND __ GNViENVRONMENTAL Oe @ coves 2,BioLargo ENERGY TECHNOLOGIES (Biotago 5
Slide 6: The Unseen Value of the BioLargo Portfolio
1 The Unseen Value of the BioLargo Portfolio ENERGY TECHNOLOGIES + Unmatched technologies + Capital-conserving strategy + Highly qualified people * Driven for high impact =. BioLargo These are targeted minimum future values for our portfolio companies, based on management's modeling. This analysis d
Slide 7: Annual Revenue and Financial Highlights
JONS Mi $20 8 $16 $14 $12 $10 $8 $6 $4 $2 $0 ANNUAL REVENUE 2018 2019-2020» 2021- 2022-2023 2024 “Trends are not necessarily indicative of future performance, and future revenues ore highly dependent on our partners’ performance. Financial Highlights: ‘Annual revenues: + $178 milion ‘+ 45% increase
Slide 8: Total Stockholders' Equity
MILLIONS $2) $e) TOTAL STOCKHOLDER'S EQUITY 2018, 2019 Trends are not necessary indicative of future performance 2021 2022 2023 YTD OF 2024
Slide 9: Pooph
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Slide 10: Major Retail Outlets
persmarr Major Retail Outlets Petco.g@ where the healthy pets go RY CUES = Walmart >\< SS Qlave &
Slide 11: POOPH - Consumer pet odor product
POOPH - Consumer pet odor product Product marketed and sold by our partners, award-winning consumer product experts (Pooph, Inc.) ONM receives manufacturer's margin and a royalty on sales ~~ Business strategy: ramp up sales and sell to. a major consumer products company + ONM would receive 20% of ex
Slide 12: Pooph - Summary
Pooph - Summary * 2024 record year * Four product lines: + Sprays, Wipes, Litterizer, and Potty Pads * Ongoing discussions re: more products * Pooph continues to be loved by customers and retailers
Slide 13: Clyra Medical Technologies
(+) CLYRA_ Clyra Medical Technologies THE CLYRADVANTAGE + Supporting 3rd-party FOA-compliant manufacturing with >$2 million of specialized equipment to support upcoming distribution + Keystone has invested >$3 million in equipment and ‘clean room” Vialyr + Recently confirmed scaled manufacturing cap
Slide 14: The Market
ocwra The Market + Surgical procedures: Approximately 48 million surgical procedures are performed in the United States each year + Wound and burn care: Over 8 million people [ESET suffer from chronic wounds in the US + Dental procedures: An estimated 60 to 80 million procedures occur in the US annu
Slide 15: BioLargo Energy Technologies Cellinity
| 1 BioLargo LJ TECHNOLOGIES 0} C=LLINITY
Slide 16: Cellinity battery technology as an alternative to lithium-ion
BioLargo's Cellinity battery technology was created to provide a better option for battery ‘energy storage than lithium-ion, empowering grid stability and storage of renewable energy. Cc Compare olihunon Calin Pee 2 ‘SUSTAINABLE CELLINITY BATTERY
Slide 17: Clean energy's next trillion-dollar business
Ea -- Asean» ene Clean energy’s next trillion-dollar business “global energy storage experts have tec an ig ft predicted the global supply of battery energy storage will need to increase from today's 200 gigawatts to more than a terawatt by 2030 and more than five terawatts by 2050, fueling a market
Slide 18: The Problems with Lithium Batteries
The Problems with Lithium Batteries > Explosive > High risk of thermal runaway > Global supply chain risk > Poor environmental outcomes
Slide 19: Why Choose Cellinity Instead of Lithium Ion?
Why Choose Cellinity Instead of Lithium lon? (umes Fires Explosions Thermal runaway Ecological factors oor socal and environmental outcomes fom this and cobalt mining. End-olife concerns ‘Climate sensitivity Unable to charge below freezing temperatures Needs heavy cooling at high temps ‘Supply chain
Slide 20: Compared to other Battery Chemistries
Compared to other Battery Chemistries Molten Biotargo outer calcium Leadaa Nickel Battery antimony (Liquid Sodium) Energy density (Wh/kg) 150-190 75-165 Low 30-50 45-80 552 | Life cycle (down to 80% No loss in No loss in. asenage) 500-1000 2,000-6,000 esige 200-300 1900 | aces ce eos “24 25 2 12 Cpe
Slide 21: Exceptional Technical Performance
Exceptional Technical Performance Charge/Discharge Curves (Biotarge | 21
Slide 22: Initially Targeting Two BESS Module Sizes
Initially Targeting Two BESS Module Sizes:
Slide 23: Slide 23
Slide 24: Target Markets
Target Markets What do they have in common? Static, large-format energy storage uses Renewable energy storage / grid-scale storage Microgrids for localized power consumers EV charging stations Residential backup power stations for homes, businesses, hospitals, etc Emergency response / disaster relie
Slide 25: Commercialization Pathway and Valuation Roadmap
Commercialization Pathway and @ Valuation Roadmap TECHNOLOGIES $15 billion NPV $43 million valuation r We are here (round A) ; ‘Complete third-party Compete pot Scale uo cells valldetion Bulle Cetinty >$25 billion manufacturing and battery factories for future facity testing partners valuation secu
Slide 26: A Broad-Spectrum, Low-Waste PFAS Capture Technology and Efficient Destruction
= =. BioLargo "a fs Sz A Broad-Spectrum, Low-Waste PFAS Capture Technology and Efficient Destruction
Slide 27: Why waste production matters
Why waste production Granular Activated matters Carbon Treatment Waste generated from treating 20,000 gallons of PFAS contaminated water ~1-2 Ibs of 20-40,000 Ibs of concentrate spent carbon (Biotarge | 27
Slide 28: Aqueous Electrostatic Concentrator
AQUEOUS ELECTROSTATIC CONCENTRATOR fr 86<SAEC + New patents on file: + Membrane stripping process + PFAS destruction technology + Paid pilot studies “try before you buy’ + Impressive performance and economics data now available - 90% improved 10-year lifecycle costs compared to GAC-based systems * N
Slide 29: Cost Comparison 10,000 GPD Leachate System
Cost Comparison 10,000 GPD Leachate System Estimated 10 Years Lifecycle Cost * eucetecoe -$85iyor Lensrerrge/ ‘oe ermnece = teaucetieaton SEATS messcrangeone econng San call rl a $2,970,000 FF/Polish ert boesen 226 Operation anc Cott Coniston PAS Trecemert in Lan Leach reenter Cosoe ns *Ateos re eni
Slide 30: Lake Stockholm, NJ: First Commercial Installation
Lake Stockholm, NJ: First Commercial Installation + First drinking water project + Factory acceptance testing complete + Equipment ready to deliver * Waiting for general contractor to finish building Biotargo | 0
Slide 31: PFAS - More than just drinking water treatment
PFAS - More than just drinking water treatment New markets coming online in anticipation of new regulations Firefighting Landfill Esochate Foam Wastewater and Industrial (Bietago at
Slide 32: The BioLargo Family of Companies
The BioLargo Family of Companies Biotargo, nc isa sustainable science, technology &fullservce enviromental engineering company that makes fe better 19 world-class products and services across abroad range of industries, with a deve to deliver clean wate, lean air, and advanced antimicrobial for heal